Finance Manager

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.


Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.


When you are part of Magellan, you are part of the team!

Position Summary

Magellan Aerospace, New York has an exciting new opportunity for a Finance Manager. The purpose of this position is to be responsible for all finance activities within the division and provide the appropriate financial expertise in accounting, transaction processing, financial reporting, internal controls and business financial analysis in line with Magellan policies and procedures. The successful incumbent will ensure the recording of accurate financial data and the timely production of financial reporting for the division. You will also lead the annual budgeting and monthly forecasting processes for the division, helping guide appropriate targets based on your business expertise.

The salary range for this position is $125,000 to $135,000 annually plus eligibility for a 15% annual performance bonus.


Essential Responsibilities

• Manage the Finance, Costing, Payroll, IT, and Office Clerical functions for the division
• Weekly cash forecasting & associated reporting
• Weekly review of Payroll processing
• Preform day-to-day hands-on work as needed
• Monthly review of financial statement preparation and reporting
• Interpret the divisions financial results and present them monthly to senior management
• Responsible for annual budgeting and monthly reforecasting
• Support for new business development activates, and review of associated financial data
• Oversee capital expenditures
• Participate in the preparation of the annual update for the Five-Year Strategic Plan
• Manage annual internal and external audits
• Support inventory validation programs including cycle counts, and the annual physical count
• Oversee risk management & compliance activities
• Annual review of costing models
• Mentor and motivate the finance team towards achieving the goals of the department
• Participate in strategic & business initiatives as required

Position Requirements

• University degree specializing in finance, commerce or equivalent
• Accounting designation, CPA or CMA preferred
• Minimum 1-3 years' experience as a Controller or Finance Manager in a manufacturing environment
• Microsoft office, excel, power point and system skills
• Ability to work with different levels of people utilizing superior communication skills
• Skills:
• Very good working knowledge of Accounting, Cash Management, Forecasting & Budgeting
• Excellent business acumen, with strong ability to communicate verbally
• Motivated, self-starter that is highly analytical and action oriented
• Ability to prioritize and work under pressure to meet deadlines
• Above average analytical and technical skills
• Working ability with Microsoft Office products, including expertise with Excel and PowerPoint
• Excellent decision-making skills, including information gathering and problem solving
• A strategic thinker with a strong attention to detail
• Ability to multi-task, prioritize, and provide follow-up
• Preform day-to-day hands-on work as needed
• Experience with ERP systems and ERP implementations

Why Magellan?

• Competitive salary
• Attractive benefits package
• Generous 401k Pension Plan
• Positive work-life balance
• Excellent career progression opportunities
• Commitment to professional growth
• Employee Assistance Program

Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state/province, or local law.

If you require an accommodation during the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let your Human Resources point of contact know and we will work with you, to the best of our ability to meet your needs.

Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.

Magellan may use an approved Artificial Intelligence (AI) note-taking tool to support the initial screening stage of its recruitment and selection process. All AI use is performed in accordance with Magellan's privacy policies. Personal information associated with any job application will not be shared with or retained by any third party. Magellan the ultimate discretion to determine which applications proceed through the initial screening process.

This position requires access to technical data and necessitates that Magellan Aerospace obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, hires for this position - except U.S. Citizens, U.S. Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3), will be required to go through an export licensing review process. Magellan Aerospace does not make recruiting or hiring decisions based on citizenship, immigration status, or national origin; however, if information access or export control restrictions based upon applicable U.S. laws and regulations would prohibit an applicant from working in this position without first obtaining an export license, Magellan Aerospace expressly reserves the right not to offer employment.